Summary - THE THREE SALMONS HOTEL, 1, PORTHYCARNE STREET NP15 1RY
1 bed 1 bath Hotel
Grade II listed hotel with trading income, parking and planning upside for apartments..
Grade II listed 17th Century coaching inn with strong period character
Freehold sale including trade fixtures and fittings (some exclusions possible)
Ten ensuite letting bedrooms with established restaurant and bar trade
Lantern Room and function spaces: weddings, conferences, events up to 90 guests
Large tarmacked car park and sheltered courtyard garden for al fresco use
Planning permission for three two-bedroom apartments (ref DM/2023/01143)
Listed status restricts alterations and may increase refurbishment costs
Area recorded as very deprived — consider market sensitivities and workforce issues
A historic Grade II listed coaching inn at the heart of Usk, The Three Salmons Hotel combines period character with ongoing trading income. The freehold includes a ten-bedroom, ensuite hotel, a popular restaurant and bar, flexible function spaces (including the Lantern Room) and a large tarmacked car park — all in a prominent town-centre location with a sheltered courtyard garden.
The sale includes trade fixtures and fittings; the adjoining property benefits from planning permission (Monmouthshire Council ref: DM/2023/01143) to create three self-contained two-bedroom apartments. That permission offers clear short-term upside — either as additional lettable accommodation for the hotel or independent rental units to boost income.
Buyers should note material constraints: the building’s Grade II listing will restrict alterations and can increase refurbishment costs and lead times. Some items in the sale may be excluded if personally owned by the vendor, and there is limited public information on detailed trading figures (available on request).
This opportunity suits an experienced operator or property investor seeking a centrally located, characterful hospitality asset with immediate trading capability and planned expansion potential. With spacious parking and strong local demand for food and events, careful investment and sensitive conservation-led improvements could enhance revenue and capital value.
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